"Tough times won't last forever, but tough startups would," says Neeraj Kumar Singal, veteran angel investor and Director of Semco Group, summing up the funding trend during the first five months of this year as compares with the same period last yearRajiv Singh | ET Bureau | Updated: June 20, 2016, 10:05 IST

"Tough times won't last forever, but tough startups would," says Neeraj Kumar Singal, veteran angel investor and Director of Semco Group, summing up the funding trend during the first five months of this year as compares with the same period last year.

While there has been a jump in angel and seed funding, big-ticket deals experienced a sharp dip as venture capitalists continue to exercise caution in funding Series A deals, according to exclusive data shared by Tracxn, a Bengaluru-based data analytics firm.

In fact, the value of later-stage funding has almost halved: among fund-raises, while Paytm topped the charts with $575 million last year, Ibibo Group occupies No.1 position this year with less than half the amount: $250 million.